Average Rent in 89123, Paradise, NV

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Current Versus Historical 89123, Paradise, NV Rents

89123 rentals average $1,340 for a 1-bedroom rental to $2,600 for a 4-bedroom rental. The median price of all currently available listings is $1,895, or roughly $17 per square feet.
For the apartment units and housing in September 2026, median rents have fallen substantially over the last year. Studio rentals prices have increased by $0 (0.00%) year-over-year from $1,400 to $1,400. 1-bedroom rentals prices have decreased by $162 (-11.45%) year-over-year from $1,412 to $1,250. 2-bedroom rentals prices have increased by $24 (1.46%) year-over-year from $1,615 to $1,639. 3-bedroom rentals prices have increased by $151 (7.74%) year-over-year from $1,949 to $2,100. 4-bedroom rentals prices have increased by $286 (11.35%) year-over-year from $2,515 to $2,800. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone down by 5.72% this month. 2-bedroom rents have gone up by 3.35% this month. 3-bedroom rents have gone up by 3.83% this month. 4-bedroom rents have gone up by 5.66% this month.
Beds
Price / Sqft
Sep 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $20.05 $1,250 $1,412 (-11.45%) $1,467 (-14.77%)
2 BR $16.76 $1,639 $1,615 (1.46%) $1,674 (-2.13%)
3 BR $16.32 $2,100 $1,949 (7.74%) $1,990 (5.53%)
4+ BR $15.38 $2,800 $2,515 (11.35%) $2,533 (10.53%)

Historical Rents in 89123, Paradise, NV

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 89123

There are a total of 10 cities nearby 89123. The average rent in 89123 is currently $2,025 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Sunrise Manor, NV, with an average rent of $1,395, is the most affordable city nearby. In contrast, the most expensive city near 89123, Paradise, NV is Summerlin South, NV. Monthly rents here are on average $2,800 per month.

Let's compare 89123, Paradise, NV's rent against other top cities nearby by bedroom size. One bedrooms are about 6.72% more expensive. Two bedrooms in 89123, Paradise, NV are about 5.64% more expensive. Finally, rent for three bedrooms are about 0.73% more expensive. Want more information? Check out the top 10 cities near 89123, Paradise, NV in the following table.
City Studio 1 Bed 2 Bed All
Sunrise Manor, NV N/A $1,080 $1,100 $1,395
Whitney, NV N/A $1,095 $1,400 $1,735
Paradise, NV $2,100 $1,500 $1,545 $1,850
Spring Valley, NV $2,300 $1,200 $1,475 $1,955
North Las Vegas, NV $745 $995 $1,485 $2,000
Las Vegas, NV $1,395 $1,185 $1,550 $2,050
Winchester, NV $1,095 $2,050 $2,195 $2,140
Henderson, NV $1,085 $1,300 $1,716 $2,200
Enterprise, NV N/A $1,425 $1,713 $2,244
Summerlin South, NV N/A $1,850 $2,573 $2,800

Top Neighborhoods Near 89123

There are a total of 15 neighborhoods in or near 89123. Some of these neighborhoods include Bella Vita, Downtown Las Vegas, and Whitney. We've included all of these top 15 neighborhoods in or near 89123, Paradise, NV in the following table.

The average rent for these 15 neighborhoods in or near 89123, Paradise, NV is currently around $2,057 per month. A total of 4 neighborhoods have a lower average rent. Meaning, only eleven neighborhoods have a higher average rent than $2,057. Interestingly, the neighborhoods' average rent is higher than 89123's average rent, which is only $1,895. Out of all the neighborhoods in or near 89123, Bella Vita has the most affordable average rent at $1,242 per month. Whereas, at $2,400 average rent per month, Green Valley Ranch is the most expensive neighborhood in or near 89123. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Bella Vita, Spring Valley, NV N/A $1,150 $1,275 $1,242
Downtown Las Vegas, Las Vegas, NV $1,048 $1,100 $1,395 $1,500
Whitney, NV N/A $1,095 $1,370 $1,695
MacDonald Ranch, Henderson, NV N/A N/A $1,600 $1,800
Green Valley South, Henderson, NV N/A $1,300 $1,545 $1,923
Silverado Ranch, Paradise, NV N/A $1,292 $1,500 $1,950
Rancho Viejo, Spring Valley, NV N/A $1,195 $1,495 $1,995
Green Valley North, Henderson, NV N/A $998 $1,670 $2,057
Winchester, NV $1,095 $1,875 $1,799 $2,100
The Strip, Paradise, NV $2,050 $2,100 $2,395 $2,125
Rhodes Ranch, Spring Valley, NV N/A $1,500 $1,600 $2,201
Southern Highlands, Enterprise, NV N/A N/A $1,855 $2,250
Mountain Edge, Enterprise, NV N/A N/A $1,925 $2,250
Mira Villas, Las Vegas, NV N/A $1,323 $1,768 $2,348
Green Valley Ranch, Henderson, NV N/A $1,500 $1,950 $2,400

Top Counties Near 89123

There are a total of 1 counties located by 89123, Paradise, NV. One county in the area is Clark, NV. The average rent for rentals in these counties is $2,050. That's roughly around $16 per sqft. The county that is the most affordable is Clark, NV. Its average rent per month is $2,050. Vice versa, with an average rent of $2,050, Clark, NV is the most expensive county by 89123, Paradise, NV.

In comparison, rent for one bedroom listings in 89123, Paradise, NV is 6.72% more expensive than other counties nearby. Finally, rent for two bedrooms in 89123, Paradise, NV is 7.16% more expensive than other counties nearby. We've listed all of these counties in the table below.
County Studio 1 Bed 2 Bed All
Clark, NV $1,538 $1,250 $1,523 $2,050

Top Zipcodes Near 89123

There are a total of 45 zipcodes in or near 89123, Paradise, NV. The average rent for all of these zipcodes is $2,000. A total of 15 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 89030, North Las Vegas, NV at $1,248 per month. In comparison, the zipcode with the most expensive average rent of $2,875 per month is 89135, Clark County, NV.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 89123, Paradise, NV is $1,162 per month. Or in other words, $19 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,578 per month. Which comes out to $17 per sqft. The following table includes the top 10 zipcodes in 89123, Paradise, NV. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
89183, Paradise, NV N/A $1,373 $1,499 $1,926
89074, Henderson, NV N/A $1,300 $1,595 $2,050
89052, Henderson, NV N/A $1,375 $1,698 $2,200
89103, Paradise, NV $2,600 $1,200 $1,450 $1,595
89139, Enterprise, NV N/A $2,075 $1,950 $2,200
89113, Spring Valley, NV $2,300 $1,291 $1,550 $2,050
89141, Enterprise, NV N/A N/A $1,800 $2,400
89148, Clark County, NV N/A $2,600 $1,695 $2,250
89119, Paradise, NV $923 $1,000 $1,300 $1,350
89011, Henderson, NV $1,450 $1,450 $1,643 $2,300

Frequently Asked Questions - 89123 Average Rents

What is the average rent price in 89123, Paradise, NV?
The average monthly rental price for 89123, Paradise, NV apartments for rent is approximately $1,895. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 89123, Paradise, NV rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 89123, Paradise, NV.
How much is a one bedroom apartment in 89123, Paradise, NV?
The average monthly rental price for one bedroom apartments is $1,340 and an average price per square feet of $20.05. There are a total of 27 one bedroom apartment listings currently available for rent in 89123.
How much is a two bedroom apartment in 89123, Paradise, NV?
The average monthly rental price for two bedroom apartments is $1,640 and an average price per square feet of $16.76. There are a total of 49 two bedroom apartment listings currently available for rent in 89123.
How have rent prices in 89123, Paradise, NV changed this year?
Rent prices for rentals in 89123, Paradise, NV can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by -0.11%, two bedroom rental prices have changed by 0.01%, three bedroom rental prices have changed by 0.08% year-over-year.
What is a reasonable rent price in 89123, Paradise, NV?
A reasonable rent price in 89123, Paradise, NV is around $1,516/month. You can search for these reasonably priced rental listings on RentHop.
Nearby Counties & Divisions